More on Pandora's FQ2: FQ3 guidance is for revenue of $115M-$118M and EPS of $0.00-$0.01,...

|About: Pandora Media (P)|By:, SA News Editor

More on Pandora's FQ2: FQ3 guidance is for revenue of $115M-$118M and EPS of $0.00-$0.01, largely above a consensus of $114.4M and $0.00. FY13 guidance is for revenue of $425M-$432M and EPS of -$0.04 to -$0.08, above a consensus of $424.2M and -$0.12. Mobile revenue was $59.2M, +86% Y/Y and now 58% of total, evidence monetization is improving. Royalty costs +80% Y/Y, above revenue growth and 60% of sales. P +10.9% AH. 48.9% of the float was shorted on Aug. 15, expect some covering. (PR) (July listener data)